To quote: Today, Backbone is excited to give PS3 owners a chance to truly test their old-school arcade skills. For those of you who can actually remember having to put tokens or quarters into an actual Joust or Robotron machine, you may know this isn't the first Midway collection Backbone has developed.

But Midway Arcade Origins is the first of this generation, and it's definitely the best ever with 31 Midway arcade...

December 8, 2010 // 11:27 pm - PlayStation Home Community Manager Locust_Star has announced news of a huge PlayStation Home update this week, which includes Midway 2, Magic: The Gathering, Ameratsu and Winter Wonderland alongside other new content.

To quote: This Thursday, December 9th we pull back the curtains on the Midway 2 game space.

An annex to the Midway complex, Midway 2 introduces ten brand-spankin' new games and 100 new prizes (plus a grand prize for winning all ten levels of all 20 games in both Midway 1 and 2). Purchase the Golden Ticket (which grants you 50 tokens; one token =...

June 30, 2010 // 4:48 pm - Sony Online Community Specialist Locust_Star has announced today that the Midway Carnival, complete with a massive Independence Day event, Alpha Protocol, Toy Story 3 Items and more are hitting PlayStation Home this week.

To quote: The Midway – available Thursday, July 1st – launches with 10 games, over a hundred rewards (including the Darla's Den personal space), and plenty of secrets that you will have to uncover for yourself as you progress through this massive new game space.

Simply collect your tickets from the kiosk at the entrance to the Midway and...

They did this in reaction to recently released documents that identified the sale of the "MK" as a possible goal of the company's Chapter 11 bankruptcy. But a Midway spokesperson has told MTV Multiplayer that the company would prefer to hang on to the...

January 26, 2009 // 11:22 pm - Midway announced today that Mortal Kombat Vs. DC Universe has sold over 1.8 million units on the Sony PlayStation 3 and Microsoft XBox 360 platforms combined.

The release below also states that Midway is already hard at work on the next version of Mortal Kombat as follows:

Press Release: Midway Games Inc. (NYSE: MWY), a leading interactive entertainment publisher and developer, today announced that the company has shipped approximately 1.8 million units of Mortal Kombat® vs. DC Universe worldwide for the Xbox®360 video game and entertainment system from Microsoft, and...

December 5, 2008 // 10:42 pm - Big trouble. Big big trouble. Midway Games is in hot water now, trying to figure out how they can earn US $150 million in just 50 days.

If they fail, they'll have to declare bankruptcy, and it's game over. After getting sold for for a mere pittance, the publisher remains in such bad shape that they're facing bankruptcy in just a little over two months.

A file from the US Securities and Exchange Commission tells us that Midway is really grimacing in financial pain right now. So far, they've got US $10.3 million in the bank, so that's US $140 million to go.

August 11, 2008 // 8:36 pm - It appears Midway's financial woes continue. Today the company formally announced that it has canceled an "as-yet-unannounced" project in development at its Austin, Texas-based studio.

In further bleak news, as part of an ongoing initiative to "maximize its development resources and apply manpower and capital to projects with the highest chances of success," approx. 90 of all 130 employees employed by the studio will be laid off.

To quote: Matt Booty, interim CEO and president of Midway Games Inc. commented, "While this was a very difficult decision,...

January 3, 2008 // 1:28 pm - Rumors are abound that Eidos and Midway are currently evaluating the possibility of a merger. This wouldn't be the first time that the two companies considered merging, as preliminary talks over a merger started three to four years ago. But at that time, both companies were doing relatively well, so nothing came of it.

Wedbush Morgan analyst Michael Pachter believes that a merger between the two companies is "feasible." One reason being that it would allow both parties to focus on the franchises that bring them financial success.